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AXS > SEC Filings for AXS > Form 8-K on 12-Jul-2013All Recent SEC Filings

Show all filings for AXIS CAPITAL HOLDINGS LTD



Change in Directors or Principal Officers

Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On July 8, 2013, AXIS Specialty U.S. Services, Inc., a subsidiary of AXIS Capital Holdings Limited, a Bermuda company (the "Company"), entered into a Letter Agreement with John D. Nichols, Jr., Chief Executive Officer of the Company's AXIS Re business division, in connection with Mr. Nichols' relocation to the Company's Zurich, Switzerland office. Under the terms of the Letter Agreement, which supplements and amends the Employment Agreement between Mr. Nichols and AXIS Specialty U.S. Services, Inc. dated February 6, 2012, Mr. Nichols will receive a monthly housing and utilities allowance of $25,000 USD during the term of his relocation and will be entitled to reimbursement for business-class airfare for two home leave trips for his family and customary relocation expenses. Mr. Nichols intends to relocate in August 2013, subject to work permit approval and other conditions. Item 9.01 Financial Statements and Exhibits

(d) Exhibits
Exhibit No.     Description

10.1            Letter Agreement effective July 8, 2013 by and between John D.
                Nichols, Jr. and AXIS Specialty U.S. Services, Inc.

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